Hi. The great thing about the film is that is shows how many ways it has held up. Even though a mainstreamer (Waters) has tried to defuse the discovery by calling into question the integrity of the USGS team of geologists involved with the discoveries, and misrepresent much of what has come before, and selectively ignoring the other half of the Hueyatlaco site as well as the other two excavated sites located lower down in the geological columns, he ended up tying his own panties into a knot when confronted by the diatom evidence. His own interpretation of the geology painted him into an inescapable corner -- where are the modern diatoms in his alleged modern beds? There are only pre-Wisconsin/Sangomon diatoms in the mix. Waters says they contaminated the modern sediments during their formation. If so, there should also be modern diatoms in his strats. There are none. That is now the concrete bottom line question on the table for all scientists to consider.
A great problem has been chronometric dates. The mineralized bones have a problematic legacy. And these were found at most if not all of the 80-90 sites that were found during the 1962 survey. The notes are non-existent for this fieldwork, but as an archaeologist, I figure that if they had found recent/still green paleo bone site, that it would have been chosen for one of the sites to be excavated.
With respect to the nature of the lithics, and the usual claim they are out of place (OOPs), but recent finds in East Africa have become a precedent for the in situ technological evolution that occurred at Valsequillo. See the image at the bottom of my short essay, On Suppression. The bifaces shown from 200-300ky mirror the bifacing on the upper Hueyatlaco specimens. Prior to these E. African points, there were smaller, cruder points made out of retouched blades. Just like we have at the three excavated Valsequillo sites. At El Horno, no points were found at all. (So it is not only the precious art that was ignored, it was this case of regional, in situ pre-Clovis technological evolution that was panned.)

http://earthmeasure.com/on_suppression.html
The huge academic lunacy: using the dating difficulty as a half-assed reason to ignore the region. The art alone should have brought in the U.N.!!!
Neither Mexico or US has seemed to care about the sites for going-on a half century because the politics is front and center, and the desire not to wear egg on their unified faces which would surely come if the truth of Valsequillo ever became known en masse. For these officials to have ignored the fact that mineralized bone art was actually discovered by 1960 -- and ignored it for over 50 years!! -- How can you live that down and still get paid teaching or researching archaeology? It is self-censorship at its worst. The book covers the Lorenzo sabotage and the subsequent legacy, and currently a lot of Lorenzo students run INAH, and have a loyalty towards him. They do not wish to make him look bad. All the while, the human legacy at Valsequillo is put on hold. It is our sad misfortune to live in an age of New World archaeological insecurity and wrongly placed loyalties. But archaeology is a social science, and by these childish ego-driven attitudes towards the most important New World site ever (ever) -- it only goes to show that US archaeology is a not-ready-for-prime-time science; i.e. it is theory driven and not evidence driven.
My book covers most of the angles, but if you would prefer, please visit my overview of the Valsequillo discoveries at
http://www.earthmeasure.com/first-american.html
hope that wasn't too long of an answer.